Elliott Management takes new stake in Hewlett Packard, exits Arm, among Q2 moves

Published 2 months ago Positive
Elliott Management takes new stake in Hewlett Packard, exits Arm, among Q2 moves
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[The New York Times 2014 DealBook Conference]
Thos Robinson

Elliott Management, the hedge fund run by billionaire investor Paul Singer, took new stakes in Hewlett Packard Enterprise Company (NYSE:HPE [https://seekingalpha.com/symbol/HPE]), with 18.6M shares, during the second quarter of 2025, according to a regulatory filing published Thursday.

The firm also upped its position size in Phillips 66 (PSX [https://seekingalpha.com/symbol/PSX]), to 19.3M shares in Q2 from 15.7M in Q1.

It exited its holdings in Match Group (MTCH [https://seekingalpha.com/symbol/MTCH]), CorMedix (CRMD [https://seekingalpha.com/symbol/CRMD]) and Arm Holdings (NASDAQ:ARM [https://seekingalpha.com/symbol/ARM]) in the quarter ended June 30, 2025, the filing [https://www.sec.gov/Archives/edgar/data/1517857/000091957425004902/xslForm13F_X02/infotable.xml] showed.

MORE ON HEWLETT PACKARD ENTERPRISE, ARM HOLDINGS

* Hewlett Packard Enterprise: An Upcoming Leader In The AI Server Market [https://seekingalpha.com/article/4813027-hewlett-packard-enterprise-an-upcoming-leader-in-the-ai-server-market]
* Arm Holdings plc 2025 Q2 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4806453-arm-holdings-plc-2025-q2-results-earnings-call-presentation]
* Arm Holdings Plc (ARM) Q1 2026 Earnings Call Transcript [https://seekingalpha.com/article/4806452-arm-holdings-plc-arm-q1-2026-earnings-call-transcript]
* Bridgewater Associates adds ARM Holdings, exits Alibaba among top Q2 trades [https://seekingalpha.com/news/4484909-bridgewater-associates-adds-arm-holdings-exits-alibaba-among-top-q2-trades]
* AMD, Intel's rating maintained at Citi after Q2 microprocessor market share data [https://seekingalpha.com/news/4484594-amd-intels-rating-maintained-at-citi-after-q2-microprocessor-market-share-data]